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    Tinton Ave And Municipal Dr Tinton Falls, NJ 07724

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    For Sale
    Contact for pricing

    7.6 Acres, Prime Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.6-acre commercial land parcel in Tinton Falls, New Jersey, presents a unique investment opportunity. Located at the intersection of Tinton Avenue and Municipal Drive (zip code 07724), this property offers four commercial lots totaling approximately 7.6 acres for sale individually or as a complete package. Preliminary approvals are in place for a diverse range of uses, including a bank with drive-thru, cafe with drive-thru, pharmacy, daycare center, and two retail buildings. The permitted commercial uses encompass retail (convenience, specialty, lifestyle, entertainment, health clubs, restaurants, and dining establishments), institutional/civic (non-profit, religious, or public uses such as places of worship, schools, daycare centers, recreational facilities, and government uses), and office space. This prime location boasts adjacency to 243 residential units and the Tinton Falls municipal complex, ensuring high visibility and accessibility. Furthermore, the property benefits from the proximity to the approximately 138,000 square foot RWJ Barnabas Medical Center, slated for completion in 2025, which will significantly enhance the area's desirability and foot traffic. The individual lot sizes are approximately 1.149 acres, 1.236 acres, 1.853 acres, and 3.363 acres. This development site offers substantial potential for significant returns. Detailed lot information and site plans are available upon request.

    Property Features for 0 Tinton Ave And Municipal Dr

    General Information

    Property type
    Land
    Lot Size
    331,056 SF

    HighLights

    • Preliminary approvals for bank with drive‑thru, cafe with drive‑thru, pharmacy, daycare, and two retail buildings.
    • Adjacent to 243 residential units and the Tinton Falls municipal complex.
    • Proximity to a ~138,000 SF RWJ Barnabas Medical Center (completion 2025).
    • Permitted uses include retail, institutional/civic, and office.
    • Retail uses include convenience, specialty, lifestyle, entertainment, health clubs, and restaurants.
    • Institutional/civic uses include non‑profit, religious, and public uses such as schools, daycare centers, and government facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tinton Falls
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.089966
    Latitude
    40.300401

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    FAQs

    What type of property is this?
    Land - 7.6 Acres, Prime Commercial Land
    Where is this land located?
    The property is located at Tinton Ave And Municipal Dr Tinton Falls, NJ.
    What are key features of this property?
    This property features: Preliminary approvals for bank with drive-thru, cafe with drive-thru, pharmacy, daycare, and two retail buildings.; Adjacent to 243 residential units and the Tinton Falls municipal complex.; Proximity to a ~138,000 SF RWJ Barnabas Medical Center (completion 2025).
    Request Owner's contact information
    Tinton Ave And Municipal Dr Tinton Falls, NJ 07724
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    Tinton Falls, NJ 07724
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tinton Ave And Municipal Dr Tinton Falls, NJ 07724
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